trending Market Intelligence /marketintelligence/en/news-insights/trending/5ol3ivlkr8o92s5p8bglna2 content esgSubNav
In This List

Prime City One Capital extends unit private placement

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Prime City One Capital extends unit private placement

Prime City One Capital Corp. extended its private placement for up to C$1.0 million of units at 8 Canadian cents apiece.

Each unit comprises one Prime City common share and one purchase warrant that entitles the holder to buy one additional common share at 10.5 cents for one year from the offering completion. The offering, slated to close in multiple tranches, is subject to approval of the Toronto Stock Exchange Venture Exchange's NEX board.

The Canadian company, which is pursuing a change of business but was previously involved in real estate, will use the proceeds to settle outstanding debt, to fund future restructuring costs and for general working capital purposes.